OYO turns profitable in FY24, Cuts Costs
According to INC42, hospitality unicorn OYO, preparing for its IPO, achieved profitability in FY24 with a net profit of INR 229.5 Cr, a stark contrast to the previous year’s net loss of INR 1,286.5
According to INC42, hospitality unicorn OYO, preparing for its IPO, achieved profitability in FY24 with a net profit of INR 229.5 Cr, a stark contrast to the previous year’s net loss of INR 1,286.5
According to Business Standard, Oyo poised for a public listing, aims to triple its profit after tax (PAT) to over INR 700 crore for the current financial year, according to founder Ritesh Agarwal. Earlier this
Oyo, once valued at USD 10 billion and recognized as India’s second-most valuable startup, has seen its valuation plummet to USD 2.4 billion in its latest funding round, according to multiple sources cited by
OYO, a hospitality giant, is reportedly in advanced discussions to raise around INR 1,000 crore in fresh funding, just weeks after withdrawing its initial public offering (IPO) application. According to sources, family offices of
Bali emerged as the top destination in the OYO Global Summer Vacations Travelopedia 2024 survey, with 38% of respondents favoring it. Pattaya, Bangkok, and Dubai followed closely behind. According to OYO, relaxed visa norms
Hotelivate is all set to host the 17th Edition of its Hotel Investment Conference - South Asia (HICSA) at the Grand Hyatt, Mumbai on April 6-7, 2022. While the previous edition sought to understand the